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Baxalta Incorporated

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Baxalta Incorporated (NYSE: BXLT) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Baxalta Incorporated (“Baxalta” or the “Company”) (NYSE: BXLT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Shire plc (“Shire”) (NASDAQ GS: SHPG), in a transaction valued at approximately $32 billion.

Under the terms of the agreement, Baxalta shareholders will receive $18.00 in cash and 0.1482 Shire ADS per Baxalta share.  Based on Shire's closing ADS price on January 8, 2016, this implies a total current value of $45.57 per Baxalta share.

The investigation concerns whether Baxalta’s board of directors failed to adequately shop the Company and obtain the best possible value for Baxalta’s shareholders before entering into an agreement with Shire.  According to Yahoo! Finance, at least one analyst has issued a price target for Baxalta stock at $47.00 per share.

If you own the common stock of Baxalta and purchased your shares before January 11, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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